BSEMediumPositive
Announced Tue, 8 Apr · 15:09 IST

As per intimation attached herewith

Govt Defence OrderBusiness Updates View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

NBCC (India) Limited has received three work orders totaling approximately Rs. 120.90 crore (excluding GST) in the normal course of business. The largest is construction of a 14-court building complex in Bhimavaram, West Godavari District, Andhra Pradesh worth Rs. 72.17 crore. The second is construction of a multistoried building for six courts including an Additional District Court in Gudivada, Krishna District, AP, valued at Rs. 46.69 crore — both from the High Court of Andhra Pradesh. The third is renovation work on the 5th floor of TEC Building at Khurshid Lal Bhawan, New Delhi for C-DOT, valued at Rs. 2.04 crore. NBCC is a public sector construction company whose order book is largely driven by government and public sector projects.

Likely market impact

Positive for order book visibility but a routine addition — Rs. 120.90 crore is a small fraction of NBCC's annual revenue and is unlikely to move the stock materially on its own.